China's Inflation Slows to 2.3% in June -- Update

TODAY: July 9, 2014 PUB DATE: July 9, 2014

BEIJING--Inflationary pressure in June eased slightly in China, giving policy makers more room to employ targeted fiscal and monetary measures in their bid to prop up economic growth. China's consumer-price index rose 2.3% in June from a year earlier compared ...

MARKET SNAPSHOT: U.S. Stocks: Futures Hold Steady Ahead Of FOMC

TODAY: July 9, 2014 PUB DATE: July 9, 2014

By Barbara Kollmeyer, MarketWatch MADRID (MarketWatch) -- Wall Street was setting up for a struggle at the open on Wednesday, with stock futures flat to lower ahead of minutes from the most recent Federal Open Market Committee meeting, which could ...

European Stocks Higher Ahead of Fed Policy Minutes

TODAY: July 9, 2014 PUB DATE: July 9, 2014

European equity markets Wednesday tentatively reversed losses conceded earlier in the week, but investors seemed wary of taking large positions ahead of the publication of the U.S. Federal Reserve's latest policy meeting minutes later in the session. The minutes are ...

ASIA MARKETS: Hong Kong Stocks Suffer On China Data, U.S. Losses

TODAY: July 9, 2014 PUB DATE: July 9, 2014

By Laura He, MarketWatch HONG KONG (MarketWatch) -- Tracking losses in the U.S. markets, Hong Kong stocks on Wednesday tumbled after China's consumer inflation and wholesale deflation both eased in June. China's consumer-price index rose 2.3% in June from a ...

U.S. Presses China on Currency

TODAY: July 9, 2014 PUB DATE: July 9, 2014

BEIJING--The U.S. and China launched formal economic talks Wednesday, with U.S. Treasury Secretary Jacob Lew arguing that exchange rate liberalization and other proposed measures were in China's interest and Chinese Vice Premier Wang Yang calling for balance. "If we move ...

AbbVie Inc. Statement regarding press commentary -2-

TODAY: July 9, 2014 PUB DATE: July 9, 2014

except as required by law. Additional Information This document is provided for informational purposes only and does not constitute an offer to sell, or an invitation to subscribe for, purchase or exchange, any securities or the solicitation of any vote ...

Greece Plans For Second Bond Since Bailout

TODAY: July 9, 2014 PUB DATE: July 9, 2014

Greece Wednesday set out plans to issue its second bond since its international bailout four years ago, the latest step in the country's efforts to recover from a crippling debt crisis that left it on the brink of a euro-zone ...

Russia Consumer Prices Up 0.3% in Week to July 7

TODAY: July 9, 2014 PUB DATE: July 9, 2014

By Andrey Ostroukh MOSCOW--Russia's consumer inflation rose to 0.3% in the week to July 7 from 0.1% the preceding week, data from the Federal Statistics Service showed Wednesday. Inflation in the first week of the month contrasted with the finance ...

Mexico's Consumer Prices Gathered Pace in June

TODAY: July 9, 2014 PUB DATE: July 9, 2014

By Anthony Harrup MEXICO CITY--Mexican inflation picked up pace in June as higher energy and services costs pushed up overall consumer prices. The Consumer Price Index rose 0.17% in June, pushing the annual rate up to 3.75% from 3.51% at ...

Oil Slides Amid Libyan Supplies, Weak U.S. Data

TODAY: July 9, 2014 PUB DATE: July 9, 2014

By Christian Berthelsen Oil futures declined again Wednesday as the reported resumption of Libyan crude production and a bearish report on U.S. stockpiles weighed on the market. Light, sweet crude for August delivery fell $1.11, or 1.1%, to $102.29 a ...

Democratic Senators Urge U.S. to Press China on Currency

TODAY: July 9, 2014 PUB DATE: July 9, 2014

By Michael R. Crittenden WASHINGTON--A pair of Senate Democrats on Wednesday called on U.S. officials meeting for high-level talks in Beijing to "decisively confront" Chinese officials over management of their currency, calling White House efforts to date "insufficient." In a ...

Fed Sets October End for Bond Buying

TODAY: July 9, 2014 PUB DATE: July 9, 2014

Federal Reserve officials agreed at their June policy meeting to end the central bank's bond-buying program by October, closing a chapter on a controversial experiment in central-banking annals with results still the subject of immense debate. Officials have been winding ...

Fed Sets October End for Bond Buying

TODAY: July 9, 2014 PUB DATE: July 9, 2014

By Jon Hilsenrath Federal Reserve officials agreed at their June policy meeting to end the central bank's bond-buying program by October, closing a chapter on a controversial experiment in central-banking annals with results still the subject of immense debate. Officials ...

U.S. Stocks Extend Gains After Fed Minutes

TODAY: July 9, 2014 PUB DATE: July 9, 2014

By Matt Jarzemsky U.S. stocks extended gains after the release of Federal Reserve meeting minutes that market participants described as largely in line with expectations. The Dow Jones Industrial Average added 74 points, or 0.4%, to 16980 in midafternoon trading. ...

U.S. Crude Oil Inventories Fall More Than Expected

TODAY: July 9, 2014 PUB DATE: July 9, 2014

NEW YORK--U.S. crude stockpiles fell more than expected in the week ended July 4, according to data released Wednesday by the U.S. Energy Information Administration. Crude-oil stockpiles fell 2.4 million barrels to 382.6 million barrels, compared with an average survey ...

Emails Point to IRS Officials Using Instant Messages

TODAY: July 9, 2014 PUB DATE: July 9, 2014

WASHINGTON--Lawmakers investigating the Internal Revenue Service's treatment of conservative groups released new emails Wednesday suggesting that top IRS officials communicated through an instant-messaging service that wasn't routinely archived. The revelation adds to lawmakers' concerns about the agency's handling of documents ...

AbbVie Inc. Statement regarding press commentary

TODAY: July 9, 2014 PUB DATE: July 9, 2014

TIDMSHP RNS Number : 7988L AbbVie Inc. 09 July 2014 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE ...

China's Inflation Slows in June

TODAY: July 9, 2014 PUB DATE: July 9, 2014

BEIJING--Inflationary pressure in June eased slightly in China, giving policy makers more room to employ targeted fiscal and monetary measures in their bid to prop up economic growth. China's consumer-price index rose 2.3% in June from a year earlier compared ...

Salix Pharma to Combine With Cosmo Pharma

TODAY: July 9, 2014 PUB DATE: July 9, 2014

Salix Pharmaceuticals Ltd. (SLXP) agreed to combine with an Ireland-based unit of Cosmo Pharmaceuticals SpA (COPN.EB) in an inversion deal that is expected to come with tax benefits. Inversion deals -- in which a U.S. company buys a foreign target ...

China's Xi Calls for Improved Relations With U.S.

TODAY: July 9, 2014 PUB DATE: July 9, 2014

By Ian Talley BEIJING--Chinese President Xi Jinping warned Wednesday that confrontation between China and the U.S. would be a "disaster" for the world, as the two sides began high-level talks aimed at reversing a downturn in relations over the past ...